Empowered Funds LLC Buys 13,534 Shares of Vista Outdoor Inc. (NYSE:VSTO)

Empowered Funds LLC boosted its position in Vista Outdoor Inc. (NYSE:VSTO) by 5.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 266,421 shares of the company’s stock after purchasing an additional 13,534 shares during the period. Empowered Funds LLC owned 0.46% of Vista Outdoor worth $10,438,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of VSTO. Arizona State Retirement System boosted its position in Vista Outdoor by 2.0% during the 2nd quarter. Arizona State Retirement System now owns 15,464 shares of the company’s stock worth $582,000 after buying an additional 303 shares during the period. Kennedy Capital Management LLC lifted its holdings in Vista Outdoor by 3.7% during the 1st quarter. Kennedy Capital Management LLC now owns 9,379 shares of the company’s stock worth $307,000 after buying an additional 333 shares during the period. SummerHaven Investment Management LLC grew its position in shares of Vista Outdoor by 1.7% in the 2nd quarter. SummerHaven Investment Management LLC now owns 26,072 shares of the company’s stock valued at $982,000 after buying an additional 443 shares during the last quarter. Louisiana State Employees Retirement System increased its stake in shares of Vista Outdoor by 1.7% in the second quarter. Louisiana State Employees Retirement System now owns 29,300 shares of the company’s stock valued at $1,103,000 after buying an additional 500 shares during the period. Finally, Highland Capital Management LLC lifted its stake in shares of Vista Outdoor by 11.2% in the third quarter. Highland Capital Management LLC now owns 6,307 shares of the company’s stock worth $247,000 after acquiring an additional 633 shares during the period. 90.51% of the stock is currently owned by institutional investors.

Vista Outdoor Stock Up 0.0 %

Shares of VSTO opened at $44.13 on Friday. The business’s 50-day moving average price is $42.20 and its 200-day moving average price is $38.76. Vista Outdoor Inc. has a twelve month low of $25.25 and a twelve month high of $44.48. The company has a current ratio of 2.90, a quick ratio of 1.26 and a debt-to-equity ratio of 0.48.

Vista Outdoor (NYSE:VSTO) last posted its earnings results on Wednesday, November 6th. The company reported $1.03 EPS for the quarter, topping the consensus estimate of $0.92 by $0.11. Vista Outdoor had a positive return on equity of 19.53% and a negative net margin of 0.34%. The business had revenue of $665.92 million during the quarter, compared to analysts’ expectations of $666.72 million. During the same period in the previous year, the business earned $0.96 earnings per share. The firm’s revenue was down 1.6% on a year-over-year basis. On average, analysts predict that Vista Outdoor Inc. will post 3.98 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Aegis raised shares of Vista Outdoor from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 14th. Monness Crespi & Hardt lowered Vista Outdoor from a “buy” rating to a “neutral” rating in a research report on Monday, October 7th. Roth Capital lowered Vista Outdoor from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 19th. StockNews.com assumed coverage on Vista Outdoor in a report on Friday. They issued a “buy” rating for the company. Finally, B. Riley cut Vista Outdoor from a “buy” rating to a “neutral” rating and set a $43.00 price target on the stock. in a report on Wednesday, August 7th. Five analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $41.20.

Vista Outdoor Company Profile

Vista Outdoor Inc designs, manufactures, and markets outdoor recreation and shooting sports products. in the United States and internationally. The Kinetic Group segment designs, develops, distributes, and manufactures ammunition, primers, and components for hunters, recreational shooters, federal and local law enforcement agencies, and the military.